• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Thursday, January 8, 2026
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

Obaseki advocates multi-dimensional diversification of economy

Economy

The Matters Press by The Matters Press
April 22, 2022
Reading Time: 2 mins read
0
CAC, Pakistani investors on economic diversification

The Governor of Edo, Mr Godwin Obaseki, on Friday called for a broad-based diversification of Nigeria’s economy, shifting away from crude oil.

RELATED POSTS

TDF welcomes joint US/Nigeria operations against terrorists in Sokoto

Tinubu building a more modern, combat -ready military – IMPI ‎

Tinubu’s defence spending not shrouded in secrecy – IMPI

Obaseki stated this while delivering a speech to declare the state’s Tourism Key Stakeholders Workshop open, at the John Odigie Oyegun Staff Training Centre in Benin City.

The governor said the COVID-19 pandemic changed the economic structure of the nation, as the country had depended on crude oil since the past 40 years of its existence.

He noted that the state was thinking out of the box, as it embraced the broad base diversification to grow and develop its economy.

Obaseki said that states across the country had continued to rely on the Federal Government allocation, adding that such was not obtainable in other climes.

He decried the fact that Nigeria had maintained the development for over 40 years.

According to him, what the nation is getting from oil access is not enough to sustain the nation, as the Federal Government in recent times, has struggled to get allocation to share amongst states.

“For us in Edo, we have come to the end of the road as we are deliberating on developing other resources to help raise revenue to develop the economy of the state.

“We have huge ecosystem to support tourism sector in the state. Tourism is not all about culture, monuments, ecotourism, business but it entails much, a whole totality and have an ecosystem that support it.

“Tourism must begin at home; it is local, we must have a strong tourism, locally base, to attract international tourist into the state.

“We have so many aspects of tourism in Edo and this workshop should in my view, enable our stakeholders to think about tourism in a much broader sense and understand the players within that ecosystem,” he said.

In his contribution, a facilitator at the stakeholders workshop, Salewa Akomolafe, said the focus of the workshop was to bring tourism development in Edo.

Tags: Economy
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Gombe: Troops take over to enforce peace
News

TDF welcomes joint US/Nigeria operations against terrorists in Sokoto

December 27, 2025
Group hails Presidential Council initiative, welcomes President Tinubu’s N2tn stabilisation package
News

Tinubu building a more modern, combat -ready military – IMPI ‎

December 22, 2025
Fishermen hail army over retake of Baga
News

Tinubu’s defence spending not shrouded in secrecy – IMPI

December 22, 2025
NBS reports increase in Inflation
Economy/Technology

‎IMPI Hinges 14% Year-End Inflation Forecast on Deep Analysis of Tinubu Reforms

December 18, 2025
Gombe: Troops take over to enforce peace
News

Rescue of 100 abducted students shows Tinubu’s proven commitment to national security – TMSG

December 11, 2025
Nigerians kick against re-opening of schools as COVID-19 bites harder
Economy/Technology

Disbursement of N4.7b TVET stipends, way to go in skill acquisition – TMV

December 11, 2025
Next Post
SEC frowns at resurgence of Ponzi schemes

Stakeholders condemn arbitrary increase in fees by market operators in SEC

Buhari meets with governors of APC

Nigeria tackling challenges facing businesses, investments – Buhari

Recommended Stories

Nigeria renews livestock farming, decried past mistake

Nigeria renews livestock farming, decried past mistake

October 24, 2024
Vulnerable Nigerian farmers to get $1m grant

Agriculture critical to food production, economic growth – Minister

November 23, 2021
FIRS deploys tech platform for tax collection

Why Nigeria has low tax ratio

February 10, 2022

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • TDF welcomes joint US/Nigeria operations against terrorists in Sokoto
  • Tinubu building a more modern, combat -ready military – IMPI ‎
  • Tinubu’s defence spending not shrouded in secrecy – IMPI

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us